Latest News
BMLL, an independent provider of historical Level 3 data and analytics across global equity and futures markets, has made Cboe Europe Indices available within the its suite of products, complementing the existing availability of Cboe historical data for Europe, US and Japan.
Should hedge funds adapt their business to cater to their prime broker? Are prime brokers doing enough to adapt to the fund industry’s evolving needs? Like anything else, there is a balance and healthy middle ground. Some primes are contributing to the pain for funds, while others are entering the market with a fresh approach.
Hong Kong based long-short equity hedge fund firm Rockhampton Management, which also has an office in Tokyo, is going back to its Japan-focused routes after deciding to shutter its pan-Asia hedge fund, according to a report by Bloomberg.
Heightened market volatility and economic uncertainty stemming from surging inflation and rising interest rates, not to mention ongoing geopolitical tensions, have prompted UBS Group AG’s family office clients to significantly increase their allocations to hedge funds, according to a report by Bloomberg.
High Flyers Investment Management, which recently added Yang Yang Yunhao to its ranks after the former head of high frequency trading strategy at rival firm Shanghai Ruitian Investment won a court battle with his former employer, is looking to hire more quants and engineers, according to a report by eFinancial Careers.
Of the 16 open positions currently posted on the firm’s careers site, nine are classified as urgent. While the firm is predominantly look for quant researchers and engineers, it also has open positions for both a recruitment manager and operations manager.
The firm has also launched a ‘Stars of
SS&C Technologies’ SS&C GlobeOp Forward Redemption Indicator for May 2023 measured 3.23%, an increase of 1.3% on April’s figure of 1.93%, and significantly ahead of the 1.97% recorded for the same period twelve months ago.
“Consistent with historical patterns, when economic indicators point to a slowing economy, hedge fund growth tends to slow as well,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the
Options Technology, a provider of IT infrastructure to global Capital Markets firms, has opened a new Paris office. The new office is part of Options’ ongoing expansion plan and will serve as a hub for the company’s operations in European markets.
Options says having a physical presence in Paris will allow the company to “enhance its service offering further, providing localised client support and strengthening relationships with key industry partners”.
The new Paris office, situated in the city’s 8th Arrondissement, joins the firm’s other recently established offices in Toronto, Chicago, and Auckland which complement its presence in New York, London, Singapore,
Digital asset investment products saw outflows totalling $39 million, representing the sixth consecutive week of outflows which now total a combined $272 million, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
The Bahamas continues to be an innovative financial center focused on providing bespoke solutions to meet client needs. It is certainly not a “one product shop” but a mature centre with a diverse toolkit catering to both private and institutional clients.
Moore Capital Management and Third Point were among the hedge funds to make bullish bets on Alibaba Group Holding Ltd in the first quarter of this year, along with money manager Michael “Big Short” Burry, according to a report by Bloomberg.
